Post by
sledig on Jun 17, 2021 8:39pm
Nr mistake? Comments
Private Placement Anaconda Mining 10,510,333-share private placement 2021-06-17 15:31 PT - Private Placement Shares issued 173,510,361 ANX Close 2021-06-17 C$ 0.90 The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 31, 2021. Number of shares: 10,510,333 flow-through shares Purchase price: 12 cents per share Number of placees: 32 placees Insider: Mark T. Brown, 100,000 Total pro group involvement: 625,000 (three placees) Finders' fees: Red Cloud Securities Inc., $1,750 and 14,583 finder warrants that are exercisable into common shares at 12 cents per share for a two-year period; Redplug Inc. (Otis Brandon Munday), $4,200 and 35,000 finder warrants that are exercisable into common shares at 12 cents per share for a two-year period; Echelon Wealth Partners Inc., $73,920 and 616,000 finder warrants that are exercisable into common shares at 12 cents per share for a two-year period
Comment by
5er on Jun 17, 2021 10:33pm
May 28th News release: The company issued 10,241,000 common shares in the capital of the company for aggregate gross proceeds of $8,500,030. The shares were issued as flow-through shares with respect to Canadian exploration expenses within the meaning of the Income Tax Act (Canada). Thats $0.83 per share.
Comment by
5er on Jun 18, 2021 12:29am
The finder warrants that are exercisable into common shares at 12 cents per share for a two-year period are not the 10,510,333 shares of the private placement. They are finders warrants/Fees (look's like under 1M warrants issued) given to those consultants involved in making the private placement possible.
Comment by
sledig on Jun 18, 2021 9:39am
Thanks for clarifying for me